Macroeconomic Policy

Business & Finance, Economics, Macroeconomics
Cover of the book Macroeconomic Policy by Alan Marin, Taylor and Francis
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Author: Alan Marin ISBN: 9781134888689
Publisher: Taylor and Francis Publication: August 3, 2005
Imprint: Routledge Language: English
Author: Alan Marin
ISBN: 9781134888689
Publisher: Taylor and Francis
Publication: August 3, 2005
Imprint: Routledge
Language: English

Macroeconomic Policy examines the central tenets of both Keynesian and Monetarist schools. It begins by examining the aims of macroeconomic policy: low unemployment, low inflation, high levels of output and high rates of growth. In practice these goals interact and policies which promote one are often detrimental to another. As well as examining how the different schools manage the trade-off between goals, the book also considers their distinctive attitude to markets, how they manage concepts of the short and long run and their different notions of uncertainty.

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Macroeconomic Policy examines the central tenets of both Keynesian and Monetarist schools. It begins by examining the aims of macroeconomic policy: low unemployment, low inflation, high levels of output and high rates of growth. In practice these goals interact and policies which promote one are often detrimental to another. As well as examining how the different schools manage the trade-off between goals, the book also considers their distinctive attitude to markets, how they manage concepts of the short and long run and their different notions of uncertainty.

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